SBUX for swing trading and long term

By 2021, there will be approximately 12,000 new Starbucks stores that will be opened globally. A huge driver of this will be China, which will see its store count double over this five-year period. This is sure to benefit SBUX stock, because China is home to some of the company’s most efficient and profitable locations
Starbucks’ beta, which is used to measure volatility, is 0.72, compared to 1.0 for the overall market. This means if the market falls by one percent, then, on average, SBUX stock would fall by 0.72%.

 

$SBUX looking pretty textbook atm. Very nice.

 

SBUX looks like no matter how much time passes, it will remain strong.

 

Bullish chart in $SBUX with that bull flag but not doing much at this moment.

 

SBUX bounced on 100 ma, cheap risk to buy and hedge in case wrong.

 

$SBUX it is not a good idea for a company or celebrities to get political.

 

Started buying SBUX below 55 and continue shorting CAT and HD

 

SBUX lost almost $1.9B in mkt cap today. #BoycottStarbucks short effect.

 

SBUX will go ex dividend tomorrow (August 2nd) with 25 cents dividend.

 

Market is realizing that either everything is overvalued and should be sold or when many crappy stocks are traded at ridiculous prices, a decent stock like SBUX is a strong buy and target should be over $80. That is why SBUX is creeping up after the fall just on earning AH.